Nine weeks before the Houthis stunned the region by breaking out of their northern strongholds, Karl Miller told me it was coming. In a private note dated July 1, he reasoned that Mohammed bin Salman was running his familiar balance-of-power game — placing bets around his perimeter to deny Iran, Turkey, and Iraq any added...

On 14 September 2026, with American diesel having crossed six dollars a gallon for the first time in history, President Trump settled the question of blame in a single sentence posted to social media: “The World’s Diesel price rise is mostly caused by the Russia/Ukraine War, not Iran.” A day earlier, at his golf resort...

A chokepoint is not a wall. It is a tollbooth — expensive, annoying, survivable — and the traffic always finds another way around. That is the single lesson I would press on anyone in Washington who believes the dollar can be made into a cage for Iran, and it is a lesson the last great...

NEW DELHI — The 18th BRICS summit opened on September 12 with the bloc taking its most concrete step yet toward loosening the grip of the US dollar, adopting a 45-page New Delhi Declaration on the first day and endorsing a payments architecture built to route cross-border trade around the Western financial system. For most...